If we’re not in a recession, it would be the first time this UMichigan survey question on expected change in unemployment missed at this level

GOLDMAN: “.. the expected change in the unemployment rate over the next year has never been this bad outside recessionary periods since the University of Michigan started asking the question in 1978.”

https://bsky.app/profile/carlquintanilla.bsky.social/post/3m3p56fas7k2r

If you're curious how the economy is doing, look at heavy truck sales.

Combined with oil prices falling, this shows we're in a deflationary recession. https://t.co/ary4FWFcBz pic.twitter.com/S6tnbGbaUc

— Financelot (@FinanceLancelot) October 21, 2025

h/t Educational_Net4000